Ledger Nano S Passphrase - what is it?

Martin Dowson
18:08
1337
+1

Hi. I am newbie in this crypto rush, my girlfriend presented me Ledger Nano S, but in the case there was some paper sheet where I need to write some passphrase. What I need to write there? And for what I need this passphrase in Ledger?

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Alex Milton
23:42
#
+1
Alex Milton
Hi Martin. Passphrase is a combination of words which was generated when you initially activated your Ledger device. This passphrase also called seed. This seed (passphrase) you will need to restore access to all your wallets in case if you will lose your ledger device. This Ledger Nano S passphrase (seed) is the most important information and you should keep it in safe place.
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